Kreslik.com - traders community since 2006

No, I'm assuming in the trade you posted, you entered based on price closing over and under the bottom red line. Your signal candle reached the small white candle 4 candles earlier - which is a (minor) Z-line and very often results in a rebound back into the original direction.

Took a loss here.. I closed when that big bullish momentum closed against me. IMG_1385.PNG Let's start with the chart u posted, look at your signal candle. Look to the left, you'll see that it closed right at the small white candle, zeroing out profit.... IMHO, your signal candle has already fulfil...

Took a loss here.. I closed when that big bullish momentum closed against me. IMG_1385.PNG Mira, Be careful when your signal candle (whether it be the break in candle or Momo) itself reaches a z-line it will often bounce off and continue in its original direction or at least make another extreme......

Starting the D1 trades again.... had another baby so was a bit busy, but got more of routine back in my day now and want to get back to posting. Still focusing on UJ, but have added EJ and EU to the mix...... those are the 3 pairs with thin spreads with my current broker. Here are the current charts...

Also if anyone is reading this and is dealing with addiction or knows someone who is I'm more then happy to talk openly or privately. Fortunately, I don't have the problem to which you admit, but I certainly hope that you are able to overcome it. I truely do. With every lambasted post that you've s...

The way I see it. A is your bullish momo, then bear momo breaks it. Wouldn't you be looking for a sell since bearish momo is current. Then the next bar with your up arrow would have been your wick in. Mr. Hyde, this is something that used to get me a lot in the past.... if you notice, the bearish m...

Short UJ from 111.82 - target 110.90

Update:
Out with +13 - made a judgement call based on H4
If I had stuck to D1 only as planned would be out at -80.

Closed at B/E
Price has been going nowhere all day, stuck at the first green line.

Depending on the open I will probably enter @/near Fri close and also have a pending at the red line....114.35

No trades on D1 last week.
Looking to go short this week.